Forex Opinion & Analysis

UK Services Purchasing Manager Index could be another strong release out of UK today. However, with Brexit referendum looming (June 23), market is unlikely to push GBP up much even if we were to get a...

AU RBA Interest Rate Decision today is likely to keep rates unchanged in today’s meeting as recent news out of Australia have been positive, although the next possible rate direction is likely a...

EUR/USD Open 1.1390 High 1.1436 Low 1.1338 Close 1.1386On Friday euro/dollar decreased with almost 100 pips. The European currency depreciated from 1.1436 to 1.1338 last Friday, matching the negative...

Trading Themes: The US dollar continues under a raft of steady pressure following recent comments by Fed Chair Yellen which belied the more Hawkish sentiment espoused by other Fed members in recent...

The Forex Week Ahead: April 4th – April 8thSun: CNY – Leading Index Mon: AUD – Retail Sales, JPY – Monetary Base, GBP – Construction PMI, EUR – Eurozone...

All began relatively as expected over the past week – until the weakness in the U.S. dollar became more apparent. This has taken us back into the broad range of the past year –...

The dollar weakened against its peers on Friday, closing out the week near 5-month lows, as the market figured the Federal Reserve will not be pushed to increase interest rates as a result of the US...

EUR/USD: Although EUR/USD remains biased to the upside, we envisage a move lower on correction in the new week. Support lies at the 1.1300 level. Further down, support lies at the 1.1250 level where a...

Risk sentiment was broadly stable for most of the week, mainly due to Fed Chair Yellen dampening investors’ central bank rate expectations. With markets now pricing in considerably less than...

Key fundamental forex events for the week of March 28th through April 1st:The following table lists the key economic data and other events that came out during the week of March 28th through April...

Weekly Large Trader COT Report: Currencies US dollar net speculator positions fell last week to +$4.65 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...

Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published for this week.For analyzing the best pairs to trade looking from a...

Welcome to my "Ranking, Rating and Score" article for the coming week. The article "Strength and Comparison" has also been published for this week.When looking at the Top 10 in the Weekly Ranking and...

USD/JPY is currently struggling to hold above 112.00, following a rally from 110.67 to 113.80. Last week’s recovery of more than 300 pips came out of the blue, just after the pair made a break...